Uncensored, The Truth About Money: Recent Episodes
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This show is about tackling the tough conversations about money, our aim is to offer financial literacy so that one can make better decisions with their hard-earned cash. We dive deeper into the terms and conditions that financial institutions may be sweeping under the rug. Each week we bring in a financial expert, Thami Madlala who has been in the financial sector for almost a decade. Uncensored, The truth about money.
What was planned to be a discussion on the interest rate increase took a different turn and led us into talking about alternative investments. It is important for one to do their research before they start to invest. A lot of us invest in what we "like" rather than what will make us profit.
Vehicle financing can be a confusing topic, but it's an important one for anyone in the market for a new car. In this video, we'll break down the different types of vehicle financing options available and provide you with tips on how to secure the best possible deal. Whether you're looking to buy or lease, our expert advice will help you make an informed decision about financing your next vehicle.
A joint bond is a bond guaranteed by at least two parties. The income and credit records of all parties are assessed by the bank during the home loan application process. In the case of a couple, if one party defaults, the other will be responsible for the entire bond payment.
Buying your first home can be sometimes scary and exhausting especially because it can become a lengthy process with additional fees that one needs to pay for upfront.
In this episode we try to make things a little bit easier for you by telling you what you should expect and how to deal with potential problems that might come up.
Bank scams require that you share personal financial information with a scammer, install malware on your devices, or use unverified checks and other banking material. This is becoming a regular thing in South Africa so one needs to be extremely alert with information that they decide to share with the public.
In this episode, Thami and I share our awful experiences regarding this topic, so please do not learn the hard way like we did.
Given our current economic situation, crime is running rampant in our streets as well as the virtual world. It is then of utmost importance that we avoid "get rich quick schemes" because they will leave you at a far worse situation than before.
A Ponzi scheme is a fraudulent investing scam promising high rates of returnwith little risk to investors. A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
On this episode we discuss different types of annuities such as life and living annuities. For instance, a living annuity is an investment. Once the funds have been set up in the living annuity structure, the annuitant is obliged to draw a regular income on a monthly, quarterly, or annual basis, and the onus of ensuring that they don't run out of capital rests with them.
Retirement may seem like a distant phase in your life if you are under 30, or even a missed opportunity to save for if you are over 40, but investing in your future is a life decision that is never too late to make. If you’re thinking about saving for your future, you will undoubtedly have many questions. In our Retirement Savings Series we will help you understand why you should save for retirement, and how you can get started — regardless of your age or life stage.
Just as some people exercise more when they have an exercise buddy, others find it easier to save when they do it in a group. For the undisciplined spender who is constantly cashing in their savings, a stokvel, or group savings club, could be the answer. But stokvels are worth taking note of for another reason. Did you know that money saved in a stokvel account often benefits from better interest rates and lower fees than you would pay if you put your money in a regular account? Sound good? This is what you need to know if you want to start a stokvel.
Property stokvels can be used for home purchasing, buying and leasing, investing in vacant land or creating a property investment portfolio to generate annuity income for members. It allows members to have capital that can be used to cover the big costs associated with property ownership.
Bringing you more ways to save, make and manage your money. Now in South Africa stokvels are known to be a savings or investment society to which members regularly contribute an agreed amount and from which they receive a lump sum payment.
This is our last instalment on savings. In this episode we briefly talk about Savings vs Investments.
This is a continuation of the previous episode, Savings part 01. Here we speak about ways you can potentially save your money and where you can invest your money for a short period of time.
As we kick start the year make sure you have got your savings and investments goals in place! In this instalment of uncensored we take a look at ways you can save up your cash and explain how the inflation rate might affect your savings and investments.
Join our financial guru, Thami Madlala as he shares his 10 years worth of knowledge and experience.
Business Banking is a targeted bank offering that provides banking and financial services to the small business and SME market. Its offering includes transaction accounts, business loans, lines of credit, cash management, trade finance, manage payments and other business related products catered to companies and not individuals.
Many individuals were drawn to the crypto ecosystem by the fast rise in the values of cryptocurrencies such as Bitcoin. While most individuals purchase and trade them on exchanges, it is also feasible to 'mine' these tokens using your computer.
Is Forex a scam? The Forex market is a legitimate trading market where the world's currencies are traded. It is not a scam in itself. Institutions and large banks trade in Forex on a daily basis; to make a significant profit in this market takes a considerable learning curve.
Having a website and online presence strategy allows you to market your business online. It helps to establish credibility as a business. Join us for part II on running an online business with Tiisetso from Thrift Happens.
Sellers with their own online stores play a different game. They have complete control over their customers’ experiences. Whether it’s re-arranging product placement or highlighting a store sale, merchants can use their website to directly connect with their customers and encourage purchases. But with so much freedom, online store owners may not know where to begin with curating their shop. In this episode we have a guests share their experience with running an online store, she shares valid tips for other online retailers.
In this weeks episode we discuss social media marketing as it provides companies with a way to engage with existing customers and reach new ones while allowing them to promote their desired culture, mission, or tone.
Tenders in South Africa are a lucrative source of income for small business, but can be challenging to negotiate, particularly since legislation has changed, and requirements differ between organisations and government sectors.
Join in on a full discussion about tendering in SA, the pros and cons and how to go about it.
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BBBEE encourages businesses to integrate black people in the workspace, support black businesses, and give back to poor black communities affected by land repossession. Businesses are awarded points which they can claim on a BBBEE certificate which entitles them to a greater chance of obtaining government contracts.
So don’t be misinformed, watch this episode and make valuable and wise decisions for your business.
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Whether you are a sole proprietor, partner, part of a limited liability company, or a corporation, your business is responsible for adhering to tax regulations. Watch the full episode for more insight on business tax and how to go about it as a small business.
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Get business accounting right the first time. Bookkeeping is the primary way business owners can figure out if their business is profitable while accounting focuses more on analyzing the data that bookkeeping merely collects.
In this episode our special guest goes briefly into detail about the importance of accounting and book keeping for your business.
Having a great business plan without the sufficient funding can be disheartening but that is no reason to throw in the towel. There are various ways to receive funding and on this episode we tell you just how and also provide you with a few reputable funders.
There is absolutely nothing as simple as registering a business, so why haven't you registered yet? it is important and beneficial for your business to be registered no matter how small or big of an operation it is.
In this episode we discuss how to register your business, how much it is, where you can do it and different types of business ownerships.
In this episode we take a look at the amazing moments we have had on this show, we reflect on one of our favourite episodes 'Home loans', and we have a special guest. We hope you have learnt a lot during season 1 and we cannot wait to bring you season 2!
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We have had tons of questions on how to start trading on forex but before you make that decision please listen to this podcast.
What was meant to be a conversation about Forex Trading diverted into a valuable conversation about online scammers. There are a lot of scammers out there claiming to want to help you invest your money, be careful! In this episode we remind you not to be naive but to always think your decisions through especially when it comes to money.
Still sceptical about Bitcoin? Well, you're not alone. Find out what our financial advisor thinks about crypto-currency. In this episode we discuss the pro's and con's, why we think you should take the risk and invest in bitcoin, and the volatility of Bitcoin. Remember that the information shared on this platform does not constitute as financial advise, you would still need to speak to your financial advisor.
In this episode we fix our attention on directly investing abroad, how much will your foreign investment be taxed and what is meant by tax haven.
A lot of the time people are intimidated by the thought of investing beyond their borders, they think it is extremely expensive and that as an average individual is something they cannot afford. Todays' conversation is aimed at changing your perspective and to let you know that investing offshore is easy as ABC. This podcast will answer some of the questions you've been asking, such as;
- Why should I invest offshore?
- When should I invest?
- Where should I invest?
- What investment instruments should I use?
- How much of my portfolio should be offshore?
Allow us to expand your knowledge on different investment vehicles. In this episode we cover different types of investments, their Pro's and Con's and we advice on which ones you should definitely put your money on. We cover the following:
- Stocks
- Real Estate
- Unit Trusts
- Government Bonds
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We hope that we were able to wet your appetite with our previous episode, Investing 101. In this episode we dive in a little more deeper into investments. We take a look at a few mistakes that investors make, such as;
- Not doing enough research on investments.
- Investors do not constantly review their investment portfolio.
- People want instant gratification.
You do not have to make the same mistakes because we are here for you.
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At what age did you learn about investing? Do you think you'd be more wiser with your money if you were taught about saving and investing from a young age? Well, you can teach your children about this NOW. In this episode we take a look at, the difference between saving and investing, the importance of diversification, different types of investments and administration fees.
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The South African government is encouraging people who are; Married, Cohabiting, or single with a child/children to purchase property by giving them subsidies(FLISP). Tune in to this episode to find out more about this initiative. Happy Listening!
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Did you know that not having an upfront fee to pay for transfer duties and a bond registration can stop you from owning your dream house? Do not be caught by surprise educate yourself by listening to this episode.
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Let's talk property, Is this the right time to buy property or not?
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What is that one thing that people overlook the most when it comes to purchasing a vehicle but yet so extremely important?
Well, the answer to that is on this episode!
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It is exciting to be able to purchase a vehicle, whether you are a first time buyer or not there is a great sense of achievement that comes with it. However, there are a few mistakes that we make due to lack of research. This episode will help you realise some of those mistakes and help you to prevent making the same mistakes on your next vehicle purchase!
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Struggling with debt and do not know what to do?
Then this episode is for you, with the help of our financial expect, Thami Madlala, you will know exactly what to do in order to manage your debts in just, 17min48sec.
Un-censored, The truth about money!